Iraqi Dinar Guru opinions 3-29-18
Iraqi Dinar Guru opinions 3-29-18
3-29-2018 Intel Guru Frank26 THIS SECOND AND FINAL ARTICLE IMO IS BEING PREPARED RIGHT NOW. THE SUITABLE ENVIRONMENT WAS CREATED SO THEY COULD RELEASE IT. DO YOU UNDERSTAND? THIS ONE ARTICLE IS PROOFED AND APPROVED. THIS ARTICLE WILL BE COVERED OVER MULTIPLE MEDIA SOURCES, BUT THEY WILL NOT BE WORDED DIFFERENTLY. THEY WILL BE THE SAME. WE KNOW OF AT LEAST SIX THAT WILL COVER IT.
3-29-2018 Newshound Guru G-Lin Article: “Urgent: The value of the dinar rose to 1197 per dollar” [If it goes much lower, it will not be very profitable and then why the auctions.] Yep the auctions need to stop. I think when they talk about preventing manipulation and fraud as far as deleting the 0’s, they are referring to the auctions. JMO.
3-29-2018 Newshound Guru Enorrste [Guru] Mike’s question is well put: What, exactly are the conditions to begin removing the zeros? The answer to that question, not surprisingly, is really quite simple. The one condition that is needed is the assurance that the value of the dinar will rise when they move to the international currency market and Article VIII. The problem with discussing “remove the three zeros” is that it is seen as an event…when in fact it is a process, as will be the case in Iraq. The ONLY way that the three zeros will be eliminated in Iraq is through a gradual rise in the value of the currency… It has been shown conclusively that the RV concept is not tenable because there is too much currency in circulation to effect an RV. The ONLY way to get to our goal is to see the currency move to a float and then see a gradual removal of the large notes as the value of the currency rises. Therefore, “remove the three zeros” can only occur over time with the gradual rise in the value of the currency.
3-29-2018 Newshound Guru Enorrste The fact that the most recent articles are stating that the only thing holding the implementation of the project is a “suitable environment” brings us closer to Mike’s question. What is the “suitable environment?” This phrase is a little more specific than Mike’s question concerning a “condition” needed. A suitable environment could involve any of a number of factors. We know one of them: security. For well over a year this was what was holding up the implementation of the project. More recently, however, it seems that the security issue is now either solved or secondary. A second issue might be the coming election. After all, if Abadi doesn’t win re-election then the suitable environment will clearly not exist, right? I personally don’t see any other significant factor that would constitute a need for the creation of a suitable environment. A recent article stated that education efforts are once again being implemented to inform the people of what to expect. This has occurred before, as we know, and seems somewhat minor to be a significant factor. There has been ample education and discussion on this matter.
3-29-2018 Newshound Guru Enorrste Where economists used to argue entirely against the project, that has waned and now the arguments are “how” to implement rather that “if” they should implement. So, in that sense, the environment educationally is already suitable. Therefore I am left with the conclusion that the election is the key. It is a significant factor and could throw a real wrench into the gears if it doesn’t go down with Abadi on top. On the other hand, with a victory, and especially a significant victory, the environment would be suitable for implementation of the plan. Consider it sort of like the Trump election: a lot of promises were made, but only implemented once the election was in his hands. With that accomplished, he ran like a race horse and has, in a little over a year, accomplished 64% of his promises, the best record in history. Is Abadi looking at Trump as a “guru” to help him jump start his second term? Perhaps he is. What better kick off to a new term than to implement the project?
3-28-2018 Newshound Guru Adam Montana [I have heard mention that the HCL was passed, or is in a budget to be passed or something like that. Are we really that close to the enactment of the real HCL? Is it imminent? And if so, how does this realistically affect an RV timetable. If it isn’t really imminent, then how does that extend your timetable for the “event”?] It has not been passed yet, but YES we are on the verge.
3-28-2018 Intel Guru Delta Article: “The value of the dinar rose to 1197 per dollar” Quote: “The value of the Iraqi dinar against the dollar rose Wednesday by more than 0.41%. At 12:06 am Baghdad time, the dollar exchange rate against the dinar per 100 dollars was 119,750 dinars, while the asking price was 120.750 dinars per 100 dollars.” THIS IS SO HUGE I WAS WAITING FOR IT TO DROP BELOW 1200…
3-28-2018 Newshound Guru Kaperoni Article: “The value of the Iraqi dinar to 1197 per dollar” …they are in compliance so they are on the clock…10 weeks or about to Article VIII. And we all know the CBI needs Article VIII to get foreign investors to Iraq…
3-28-2018 Intel Guru Bruce …Some of the sources that we talk to have been remarkably quiet, and they have been sort of under a gag order…we have had before from Iraq, but not to the extent we have seen it yesterday and today…The budget was in the so called digital version of the Gazette Saturday. It has been out. The printed version however has not been put out. We heard today it is to be revealed tomorrow [Wednesday] in the Gazette in Iraq…It may be something that has to happen for us to go… We know from our Iraqi contacts the Qi cards, the one I know about have been activated and shows a nice rate in that account for the Iraq dinar, a very good screen rate…it is a good strong rate and it would be a good rate even for an exchange… As far as I can tell we are in a really good window for this to roll out. One of our bank sources on Monday said the next couple of days, that would be Tuesday and Wednesday, will be monumental…We can all imagine what that might mean. I just going to say everything is very positive right now and pointing to this going in our favor. I believe we are about to see the blessing come into fruitition.
3-28-2018 Newshound Guru Adam Montana It’s been a very interesting week, if you ask me! And the coming days should also be interesting. Last week I talked about the upcoming Parliament meeting where we might see the HCL addressed…That Parliament meeting I discussed is set for TOMORROW, Thursday 29th of March.There is actually a LOT of HCL related news going on right now – too much to even list it all here! We also have the end of Q1 at the end of this month, and we’re in a 15 day window on the Budget. SERIOUSLY, FOLKS! This is getting gooooooood…
3-28-2018 Newshound Guru G-Lin Article: “Venezuela to delete three zeros from its currency and Iraq is still afraid of “circumvention” Quote: “The deletion of zeros not because of the value of the dinar, but for the purpose of tightening and improve the performance of banknotes and reducing the use of the dollar locally in circulation and exchange and storage value and standardize the size of banknotes…” I like this art. They are comparing the dinar against the Bolivar, and there is no comparison at all, Iraq has low inflation and nice high reserves and is much stronger economically than Venezuela. But they are still talking about deleting the 0’s in Iraq. And the last paragraph [see quote] says it all. IMO it has lower denoms written all over it. Reduce the note count, use the dinar instead of dollar, exchange and storage value and standardize the size of banknotes. Remember there is no rv in country only outside of country. Us. :} Iraqi will benefit with a stronger purchasing power…
3-28-2018 Intel Guru Dr. Clarke Where are We At NOW? If you haven’t noticed by now after all these years – this thing CHANGES IN A MOMENT’S NOTICE. WHY? Because it’s BIG. It’s too Important to hundreds of Millions of people. Yes, hundreds of Millions, on EVERY CONTINENT ON THIS GLOBE. The GOOD NEWS, is that all the groundwork has been laid, and is pretty much over. For Instance, when was the last time the country of Iraq, actually COMPLETED a BUDGET & made it Public into LAW? How about NEVER ever before? Well, they just did, and it’s about to be OFFICIAL. That word we keep Powerfully emphasizing. OFFICIAL.That ONE THING alone, should tell you, where this thing is at, compared to the past 15 years.
3-28-2018 Intel Guru Dr. Clarke Again, this is WHY we printed what we printed…in our 3-26-18 Post [reference Dr. Clarke post 3-27-2018] …but you have to read it carefully. CAREFULLY. ADD TO THAT…the U.S. status: Budget signed. OIL rising in markets worldwide over $70 (we told you this way back last year – they want it at $90 by yr. end), Crooks being brought to justice…Gold? Silver? Crypto’s?…Iran’s currency tumbled yesterday (we told you that last year also). Vietnam is setting records ( we told you that from the beginning)…and more. WE’RE RIGHT THERE FOLKS. Are our “IL-LOGICAL” Opinions clear Today?
3-28-2018 Newshound Guru Don961 Article: “Parliamentary oil: the agreement between Russia and Saudi Arabia on production will revive the Iraqi economy” Quote: …”the increase in international oil prices reflect positively on the Iraqi economy because it depends on the sale of oil in the provision of budget funds on a basis.” “Any increase in the country’s financial imports will support the budget, reduce the deficit and increase the cash reserves of the Central Bank of Iraq,”… Hmm…higher oil prices increase cash reserves in the CBI…why that may also inadvertently raise the value of the floating currency in the markets…heard something about this on a CC somewhere…is this part of a master plan? …are things lining up and falling into place for a reason?…imo.